ELKAH
Bankruptcy closedInactive since 13-04-2026; last annual accounts for fiscal year 2022.
Summary
ELKAH was declared bankrupt on 30-09-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 07-04-2026, published in the Belgian State Gazette on 28-04-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 17-08-2023, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
17 d late
2021
271 d late
2019
180 d late
2018
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€32k▲ 1,412%
2021 · €2k
2018: €40
2019: €-3k
2021: €2k
2018 → 2022
Working capital
€38k▲ 47.7%
2021 · €26k
2019: €21k
2021: €26k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920212022Trend
Equity€23k-€24k▲ 4.1%€28k▲ 20.0%€61k▲ 113%
Operating result€-1k-€-3k▼ 118%€3k€32k▲ 922%
Net result€40-€-3k€2k€32k▲ 1,412%
Result per fiscal year
Operating resultNet result
The operating result rises in 2022; 2022 is 922% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €81k
Fixed assets
€23k ▲ 721%
Current assets
€58k ▲ 109%
Equity and liabilities €81k
Equity
€61k ▲ 113%
Debt
€20k ▲ 818%
Debt's share of the balance-sheet total rises from 7.2% to 25.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k
Cash flow
€37k
Current ratio
2.87▼
2021 · 12.65
Quick ratio
2.10▼
2021 · 12.31
Debt to equity
0.33▲
2021 · 0.08
ROE
53.1%▲
2021 · 7.5%
ROA
39.8%▲
2021 · 7.0%
Debt ≤ 1 year
€20k▲
2021 · €2k
Staff costs
€21k▲
2021 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 34 lines
Balance sheet
Code20212022
Assets
Total assets20/58€31k€81k▲
Fixed assets21/28€3k€23k▲
Tangible fixed assets22/27-€20k
Plant, machinery and equipment23-€20k
Financial fixed assets28€3k€3k=
Current assets29/58€28k€58k▲
Stocks and contracts in progress3€754€16k▲
Stocks30/36€754€16k▲
Cash at bank and in hand54/58€27k€43k▲
Equity and liabilities
Total equity and liabilities10/49€31k€81k▲
Equity10/15€28k€61k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€8k€40k▲
Amounts payable17/49€2k€20k▲
Amounts payable within one year42/48€2k€20k▲
Taxes, remuneration and social security45€2k€20k▲
Taxes450/3€2k€20k▲
Income statement
Code20212022
Remuneration, social security and pensions62€17k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5k
Other operating charges640/8€843-
Gross operating margin9900€21k€58k▲
Operating profit (loss)9901€3k€32k▲
Financial charges65/66B€1k-
Recurring financial charges65€1k-
Profit (loss) for the period before taxes9903€2k€32k▲
Profit (loss) for the period9904€2k€32k▲
Profit (loss) for the period to be appropriated9905€2k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€40k▲
Profit (loss) brought forward from the previous period14P€6k€8k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · ELKAH SPRL RUE DE LA PACIFICATION 9, 1210 SAINT-JOSSE-TEN-NOODE. déclarée le 30 septembre 2024 · event 07-04-2026
2024
15-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · ELKAH SPRL RUE DE LA PACIFICA- TION 9, 1210 SAINT-JOSSE-TEN-NOODE · event 30-09-2024
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 17 days late
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 271 days late
2022
31-12
Financial
Highest result since 2018net €32k ▲1412%
Operating result €32k, net result €32k, both a record.
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 180 days late
2019
31-12
Financial
Weakest financial yearnet €-3k ▼8622%
Net result drops to €-3k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 133 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 92 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
96 m²
Building footprint
96 m²
Volume, LiDAR
930 m³
Parcel 21572B0247/00R004, Brussels · tallest building 15.1 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21572B0247/00R004 | Brussels | 96 m² | 1 · 96 m² | 15.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | YSABELLE ENSCH AVENUE LOUISE 349 B 17,
1050 IXELLES |
30-09-2024 → 07-04-2026 |
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,564. 1,342 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.